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PROPERTY INFO
FACTS
- Single Family
- Built In 1960
- Price/Sqft : $385.99
- 3 Days on Market
- MLS # : CC40929281
- Updated Date : 11/13/2020 at 18:14
CONSTRUCTION
- Beds : 3
- Floor Size : 2,070 sqft
- Baths : 2 full
Listing Agent
Keller Williams Realty
Listing Agent's Description
Amazing single-story home on a huge, third acre, flat lot with two garages, one attached and one detached! Kitchen conveniently situated between the family and dining room. The family room has vaulted beamed ceilings, an inviting fireplace, and access to the backyard. The kitchen has been updated with stainless steel appliances including a gas range, granite counters, a breakfast bar, and a sunny garden window. Spacious master bedroom with ensuite bathroom, walk-in closet, and office/hobby room. Both the master bedroom and office have backyard access. Enjoy two additional bedrooms and a shared bathroom. Incredible backyard with large patio area, lush grass, and a 2nd detached garage, perfect for hobbies, gym, and/or game room. Possible RV/Boat parking. Excellent location, walkable to Ygnacio Valley Park, less than 10 minutes to shopping + restaurants in Walnut Creek, Concord & Pleasant Hill.
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PRICE & RENT TRENDS
Zip Code: 94518
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 94518
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,410 |
| EXPENSES | Loan Payment | -$2,948 |
| Property Tax | -$887 | |
| Property Insurance | -$77 | |
| Property Management Fees | -$167 | |
|
CASH FLOW
-$669
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.
$799,000
PROJECTED PRICE
$3,410
PROJECTED RENT
0.43%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 5.00% |
| Appreciation Year (1-5) | 7.2% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 4.60% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$217,485
LOAN DETAILS
$2,948
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $199,750 |
| Loan Amount | $599,250 |
2.58
YEARS SAVED
$19,421
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
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$0
LIST RENT -
$0
LIST RENT PER SQFT
-
$3,478
COMP ESTIMATED VALUE -
$1.68
COMP AVG. RENT PER SQFT
Comps Range
-
990 Treg Ln Concord, CA 1
- 3 beds 2 baths ∙ 2,070 Sqft ∙ Built 1960 3 beds 2 baths ∙ 2,070 Sqft ∙ Built 1960
- Rent
- Rent Per SQFT
- $0
- $0.00
-
2851 Saint Joseph Dr. Concord, CA 2
- 4 beds 3 baths ∙ 1,800 Sqft ∙ Built 1980 4 beds 3 baths ∙ 1,800 Sqft ∙ Built 1980
LEASED 10/24/19- Rent
- Rent Per SQFT
- $3,195
- $1.78
-
894 Saint John Cir Concord, CA 3
- 4 beds 3 baths ∙ 1,932 Sqft ∙ Built 1979 4 beds 3 baths ∙ 1,932 Sqft ∙ Built 1979
LEASED 02/13/20- Rent
- Rent Per SQFT
- $3,195
- $1.65
-
2195 Smith Ln Concord, CA 4
- 4 beds 2 baths ∙ 2,172 Sqft ∙ Built 1955 4 beds 2 baths ∙ 2,172 Sqft ∙ Built 1955
LEASED 09/16/20- Rent
- Rent Per SQFT
- $3,500
- $1.61
PROPERTY LISTING DETAILS
Keller Williams Realty
